SGB Update

DOT Clears Kris Kringle’s Flight Plan

Kris Kringle, d.b.a. Santa Claus, got the green light today from the U.S. Department of Transportation (DOT) to engage in air travel to various points throughout the United States the night of Dec. 24-25…

180s Moves Headquarters

180s will move into its new international headquarters at the Columbus Center in Baltimore’s Inner Harbor on Monday, December 22, 2003. 180s has outgrown its 10,800 square foot office building in Canton, which it has occupied since July 2000. The company

KSA Taps New Principal for NA Retail Ops Practice

Michael J. Brown has joined global management consulting firm Kurt Salmon Associates as a Principal in its
North American Retail Operations Practice. Mr. Brown began his retail career with Federated Department Stores' A&S division, where he held

Bratton Joins Fila as NSM for Apparel

Bill Bratton has joined Fila USA as National Sales Manager for the Apparel division. He will report to Greg Niel, VP Sales for Apparel. Mr. Bratton was most recently VP Sales Sporting Goods for Danskin. Prior to Danskin, Bratton was an Apparel Sales D

Jon Epstein Pleads Guilty in Just for Feet Fraud Case

The industry has been buzzing ever since new Fila parent, Sport Brands International, made it public last week that CEO Jon Epstein had resigned for “personal reasons”.
The former CEO has agreed to plead guilty in a fraud investigation of the Just For Fee

Play it Again Parent Makes Franchise Mgmt Promotions

Winmark Corporation, the parent company for Play it Again Sports, has announced the promotion of Rebecca J. Geyer to the position of Vice President of Franchise Management and Steven A. Murphy to the position of Vice President of Franchise Management…

TAF Extends Credit Facility

The Athlete's Foot Stores has received an extension of its $20 million credit facility with Wells Fargo Retail Finance through is through June 2007. This independent facility is secured by the assets of the company-owned stores and will provide work

K2 Inc. Approaches Billion Dollar Business in 2004

K2 Inc. is forecasting fiscal year 2004 sales of approximately $920 million and earnings per share in the range of 92 cents to 94 cents based on assumed outstanding shares of 34.4 million as of December 31, 2004. For fiscal year 2003, K2 reconfirmed its

Nike Trounces U.S. Street Estimates on Stronger U.S. Business

NIKE, Inc. reported revenues for the fiscal second quarter ended November 30, 2003 increased 13% to $2.8 billion, versus $2.5 billion for the same period last year. Net
income totaled $179.1 million, or $0.66 per diluted share, compared to $152.0 million,

Ashworth Fiscal Q4 Net Jumps 59% on 9.5% Revenue Gain

Ashworth, Inc. announced consolidated net revenue for the fourth quarter ended October 31, 2003 increased 9.5% to a record $32.2 million as compared to $29.4 million for the fourth quarter of fiscal 2002. The Company reported consolidated fourth quarter

Quiksilver Fiscal Q4 Earnings Up 43% on 37% Sales Jump

Quiksilver, Inc. announced consolidated revenues for the fourth quarter of fiscal 2003 ended October 31, 2003
increased 37% to $269.2 million as compared to Q4 2002 revenues of $196.1 million. Consolidated net income for increased 43% to $17.4 million, o

Callaway to Exceed $1.0 Billion in Current Fiscal Year

Callaway Golf Company has announced that it expects consolidated net sales and fully diluted earnings per share for the year ending December 31, 2003 to be approximately $810 million and between $0.65 and $0.67. For the full year 2004, ELY's current

Sorel Inks Sock License Deal with Crescent Hosiery

Sorel, a division of Columbia Sportswear Company has signed a North American license agreement with Crescent, Inc. for the design, manufacture and marketing of men's, women's and children's socks. The Sorel branded sock collection will be a

Smith Taps Randolph as Cycling Team Manager

Smith Optics has hired respected professional cyclist, Greg “Chopper” Randolph, as its bike team and promotions manager, effective immediately. Randolph will be responsible for supporting the current roster of athletes while continuing to develop its tea

Brown Shoe is Licensee for Bass Brand Footwear

Brown Shoe Company, Inc. has reached agreement with Phillips-Van Heusen Corporation for an exclusive, long-term license to design, source and market footwear at wholesale under PVH's well-known Bass label. The arrangement is expected to become effect